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State Income Tax Sourcing Tool

Quickly determine the rules for sourcing receipts in order to properly compute the sales factor when apportioning business income to the state with the State Income Tax Sourcing Tool. This unique tool is available for separate purchase or as a part of the State Tax Nexus Tools combination package which also includes Corporate Income Tax Nexus, Sales & Use Tax Nexus, and Trust Nexus.

OVERVIEW

SAVE TIME

Quickly determine rules for sourcing receipts across all 50 states, plus the District of Columbia and New York City, in order to properly compute the sales factor when apportioning business income to the state.

EVALUATOR AND CHART BUILDER FEATURES

Generate customized reports and charts detailing the state's position on whether income from certain activities will be included in the numerator of the sales factor.

BENEFITS

This tool offers you the ability to:

Select multiple states and/or multiple activities to build a comprehensive comparison chart showing you which activities will be sourced to which state when calculating your company’s sales factor, and which sourcing method each state uses for the selected categories of activities. All 50 states are included, plus the District of Columbia and New York City.

Step through a questionnaire based on your selected states and company activities, and immediately see results as you go by toggling between the questionnaire and the answer summary.

Save time by importing completed income sourcing questionnaire answers, and have them automatically validated to ensure you haven’t missed anything.

Generate a client-ready document that compares receipts received by the company from certain activities to the state’s position on whether the receipts received from those activities are sourced to the state.

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